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Rice Procedures: 1) Buyer or Broker fills out the detailed RFQ (Request For Quote) form found below "including" buyer's USD (United States Dollars) Target Price and submits. Please note: Koala Corp will "not" respond to a submitted RFQ inquiry unless a USD Target Price has been defined. 2) Koala Corp responds within 72 hours with an accurate soft quote valid for 7 business days. 3) Buyer accepts price quoted and submits a newly dated (no older then 3 business days), "non" binding, Letter of Intent (LOI) with full Top 25 World Banking coordinates (Issuing or Confirming Bank) including permission for Seller's soft probe to verify the authenticity of the inquiry, as well as permission to contact Buyer's Top 25 World Bank to verify the Buyer's good standing and credit worthiness. 4) Seller issues a binding Formal Corporate Offer (FCO) or Draft Contract directly to Buyer to begin negotiations to find amicable terms both principals find favorable.
THAI HOM
Physical Characteristics Slim long grain white rice Shiny with small belly. The length is more than 7.0 mm. The ratio of length to width is more than 3.2, the belly is less than 6% Smell fragrant. Sortexed, Special Cleaned, and Extra Well Milled
Chemical Characteristics The amount of amylose is between 13-18% Breaking down at the level 6-7
Other Characteristics Humidity is not over 14%, residual is not over 0.2. The yellow color (grain) is not over 0.2%, and mixture with other strain is not over 5%.
THAI - LONG GRAIN WHITE RICE 100% PREMIUM GRADE A:
Long Grain Class 1: 70% Min Whole Kernel: 60% Min Total Broken: 3% Max Chalky Kernel: 3% Max Paddy per 1 kg: 5 grains Max Milling Degree: Extra Well Milled Average Length: 6.5mm
VIETNAMESE - LONG GRAIN WHITE RICE 100% PREMIUM GRADE A:
Long Grain Class 1: 70% Min Whole Kernel: 60% Min Total Broken: 3% Max Chalky Kernel: 3% Max Paddy per 1 kg: 5 grains Max Milling Degree: Extra Well Milled Average Length: 6.5mm
THAI - WHITE LONG GRAIN RICE 5% Broken:
Broken: 5.0% max (3/4 basis)
Moisture: 14% max
Damaged kernels: 0.5% max Average length of whole grain: 6.2mm
VIETNAMESE - WHITE LONG GRAIN RICE 5% Broken:
Broken: 5.0% max (3/4 basis)
Moisture: 14% max
Damaged kernels: 0.5% max Average length of whole grain: 6.2mm
THAI - WHITE LONG GRAIN RICE 25% Broken:
Broken: 25.0% max (3/4 basis)
Damaged kernels: 1.5% max Average length of whole grain: 6.2mm
VIETNAMESE - WHITE LONG GRAIN RICE 25% Broken:
Broken: 25.0% max (3/4 basis)
Damaged kernels: 1.5% max Average length of whole grain: 6.2mm
THAI - PARBOILED RICE
Long grain Class 1 and Class 2 not less than 60.0%, the rest shall be Long grain Class 3. Of all these there may be Short grain not exceeding 10.0%
Grain composition, comprising of:
Whole kernels not less than 80.0% Brokens having the length as from 5.0 parts onward but not reaching 8.0 parts not exceeding 4.0%. Of this there may be brokens having the length not reaching 5.0 parts and not passing through sieve No.7 not exceeding 0.5%, and Small parboiled broken C1 not exceeding 0.1%. The rest shall be Head rice having the length as from 8.0 parts onward.
Rice and matter that may be present:
Red kernels and or Under milled kernels not exceeding0.5% Yellow kernels not exceeding 0.5% Black kernels not exceeding 0.25% Partly black kernels and Peck kernels combined not exceeding 2.5%, of which Partly black kernels shall not exceed 1.0% Damaged kernels not exceeding 1.0% Glutinous rice not exceeding 1.5% Paddy not exceeding 5 grains per 1 kg. of rice Undeveloped kernels, Immature kernels, Other seeds and Foreign matter either singly or combined not exceeding 0.2%
Milling degree:
Extra well milled
RFQ (Request For Quote)
Koala Corp is DIRECT to many of the world’s most credible and reputable suppliers who sell to many trademark enterprises. If you are familiar with the Physical Commodity Market, then you know that prices fluctuate daily, and that prices depend upon many variable factors. We cannot give quotes without knowing these many variable details of the buyer's desired terms and conditions. Please take the time to fill out all the required fields below for an accurate soft quote. Koala Corp will respond with a soft price within 72 hours. The buyer will then have 7 banking days from soft quoted price to accept and submit a newly dated, "non" binding, Letter of Intent (LOI) with full Top 25 World Banking coordinates (Issuing or Confirming Bank) including permission for Seller's soft probe to verify the authenticity of the LOI, as well as permission to contact Buyer's Top 25 World Bank to verify the Buyer's good standing and credit worthiness. Paperwork must be in the verbiage and format as per the LOI sample template Koala Corp will send with the soft price quote. Paperwork submitted in any other verbiage and/or format will delay your proposed transaction until it is corrected.
Please note: Large quantity orders may need additional Port Berths based on the buyer’s receiving port, shipping schedule, and required metric tons per month. Discharge Rates per day must be confirmed by the buyer before submitting a RFQ. Port/Berth(s) must be geared and suitable for discharge by receiving port’s discharge equipment. Seller is responsible only for vessel(s) arriving at Discharge Port/Berth(s) meeting all Port/Berth(s) restrictions and compliances for vessel(s) at the
* Koala Corp offers the most transparent terms in the Rice market. We will allow Silo/Mill visits to all proven financially capable buyers after signing an annual contract (12,500 MT per month) and prior to buyer opening a financial instrument. This will also include a first hand look at our supply chain infrastructure. Buyer may also return to site to view their rice being loaded. We feel these transparent terms allow our valued customers to purchase with confidence. For Spot contracts, we allow buyer to be present at
Please note: Koala Corp does NOT participate in Foreign Tender Bids. Minimum Order requirement = 12,500 Metric Ton vessel. |
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